Talkspace
TALK
61 hedge funds and large institutions have $544M invested in Talkspace in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 49 closing their positions.
81% more capital invested
Capital invested by funds: $301M → $544M (+$243M)
63% more call options, than puts
Call options by funds: $488K | Put options by funds: $300K
26% less funds holding
Funds holding: 82 → 61 (-21)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
29.85% less ownership
Funds ownership: 73.4% → 43.55% (-30%)
43% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVPX
Norwest Venture Partners XIII
Palo Alto,
California
|
+$143M |
| 2 |
HEC
Hudson Executive Capital
New York
|
+$98.6M |
| 3 |
RGMC
Revolution Growth Management Company
Washington,
District of Columbia
|
+$84.5M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$38.9M |
| 5 |
Jennison Associates
New York
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$27.6M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$19.8M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$9.1M |
| 4 |
CAC
Cowen and Company
New York
|
-$8.84M |
| 5 |
LCM
Lakewood Capital Management
New York
|
-$6.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFAM
101
Deep Field Asset Management
Beverly Hills,
California
| – | -$198K | -20,000 | Closed |
|
102
D.E. Shaw & Co
New York
| – | -$101K | -10,208 | Closed |
|
|
FIA
103
FNY Investment Advisers
New York
| – | -$101K | -10,200 | Closed |
|
|
DTL
104
Dynamic Technology Lab
Singapore
| – | -$100K | -10,054 | Closed |
|
|
BMCM
105
Black Maple Capital Management
Milwaukee,
Wisconsin
| – | -$99K | -10,000 | Closed |
|
|
LC
106
Littlejohn & Co
Greenwich,
Connecticut
| – | -$85K | -8,600 | Closed |
|
|
TCM
107
Taal Capital Management
Boston,
Massachusetts
| – | -$10K | -1,000 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$5K | -517 | Closed |
|
|
MF
109
Manchester Financial
Westlake Village,
California
| – | -$5K | -500 | Closed |
|
TALK Hedge Fund Activity: Q2 2021 in Review
61 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Talkspace (TALK) for Q2 2021, worth a combined $544M — up 81% from $301M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of TALK and 28 opened new positions — a net loss of 21 holders — while 17 trimmed existing stakes and 12 added.
The largest buyer was Norwest Venture Partners XIII, opening a new position worth an estimated $143M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $27.6M sold.
- 61 institutional investors held Talkspace (TALK) as of Q2 2021, down from 82 in Q1 2021.
- Funds reported $544M of Talkspace stock for Q2 2021, up 81% quarter-over-quarter.
- 28 funds opened new Talkspace positions in Q2 2021 and 49 closed out, a net change of -21 holders.
- The largest Talkspace buyer in Q2 2021 was Norwest Venture Partners XIII, an estimated $143M added.
- The largest Talkspace seller in Q2 2021 was Weiss Asset Management, an estimated $27.6M sold.
Based on aggregated 13F filings for Q2 2021.